Plus networking with like minded people is always a good thing.

You've gotten a great response above from @Michael Plaks I'll also note that for this or any similar "strategy" people come across to just step back and ask the following: Does this have a genuine profit/business motive? 

Others not including their management fees in returns to enhance returns, lots of questionable ways people calculate returns but many avoid to say "what did the investor actually make". 

I should also say that it's not hard to figure out why people have stopped grabbing the permits.

In Atlanta area, how much does it cost to convert a two-car garage into a living space, assuming the garage is not heated/aired?

Please correct me if I’m wrong about assuming I’ll have no captains tax on up to 250k profit/single bring that I’ll be living in it as primary 2 out of 5 years.So you lived there for 7 years, rented it for 3 years and then lived in it for another 2 years.

It's a judgement call, some people pull out as much equity as a lender will let them.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

We don't want to lead people astray.

My guess though, assuming that QBI doesn't get extended, is that it'll either keep getting carried forward and become a useless extra line item on a tax return to potentially be used in future legislation, or that it'll disappear completely.